Combined group would dominate parts of Swiss banking, but a full merger in Switzerland would likely involve thousands of job cutsWSJ’s Patricia Kowsmann explains how the deal to combine UBS and Credit Suisse unfolded and what might come next.
Photo: Hannah McKay/Reuters: Reward shareholders upfront by jettisoning the smaller bank’s Swiss domestic business, or prepare for a painful integration that would make it even more dominant in its home market.Continue reading your article with
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